A reminder of how little it takes when you are compounding returns ...
If the market went up about:
0.02% every day → you get 5% annually
0.04% every day → you get 10% annually
0.07% every day → you get 20% annually
So, not 7%. Not 7/10th of a percent. But 7/100th of a PERCENT every trading day would yield a 20% annual return.
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